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Business (9609) Financial statements Revision Note

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Hestia Laurent

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Comprehensive A2 Level Business notes on Financial Statements, covering profit or loss accounts (trading, operating, appropriation), financial position statements (assets, liabilities, equity), inventory valuation (FIFO, LIFO, NRV), and depreciation methods (straight-line). Explains links between statements, amendments, window dressing, and their role in decision-making. Essential for mastering accounting principles and exam preparation.
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